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The SHOCKING TRUTH about ULTY (100% Dividend Yield)

Author
CitizenOfTheYear
Published
Sat 27 Jul 2024
Episode Link
https://podcasters.spotify.com/pod/show/collect-cash/episodes/The-SHOCKING-TRUTH-about-ULTY-100-Dividend-Yield-e2mh0nj

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ULTY is the YieldMax™ Ultra Option Income Strategy ETF that aims to get monthly dividend distributions by doing covered calls on companies with very high implied volatility (IV). If the Dividend was annualized by a year that would be a 100% return. But is this ETF too good to be true?

Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. As an Amazon Associate, I earn from qualifying purchases. Affiliate commissions help fund videos like this one

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